Grant County Fair Inc

Analysis

Grant County Fair Inc is a registered charity in United States, based in Williamstown, KY. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grant County Fair Inc reported income of $231k and spending of $217k, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $200k to $231k (+16%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 1609%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grant County Fair Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include TN Gymnastics Inc ($231k), Silverdale Pee Wee Adult Assn ($231k) and Oakdale Baseball Softball Association ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 88% of the total. At year end it held assets of $836k against liabilities of $360k, net assets of $477k.